House Bill 5920 - Student Loan Marriage Penalty Elimination Act of 2023

Purpose and Summary

Chamber: House

Introduced date: 2023-10-11

Recent Activity

Referred to the House Committee on Ways and Means.

Alternative Names

Student Loan Marriage Penalty Elimination Act of 2023

Student Loan Marriage Penalty Elimination Act of 2023

To amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.

Associated Legislation

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Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Rep. Grothman, Glenn [R-WI-6]

Cosponsors and Supporters

Rep. Carter, Troy [D-LA-2]

Rep. Davis, Danny K. [D-IL-7]

Rep. DelBene, Suzan K. [D-WA-1]

Rep. Gaetz, Matt [R-FL-1]

Rep. Gottheimer, Josh [D-NJ-5]

Rep. Jackson Lee, Sheila [D-TX-18]

Rep. LaTurner, Jake [R-KS-2]

Rep. Lesko, Debbie [R-AZ-8]

Rep. Miller, Mary E. [R-IL-15]

Rep. Sewell, Terri A. [D-AL-7]

Rep. Steube, W. Gregory [R-FL-17]

Rep. Swalwell, Eric [D-CA-14]

Rep. Trone, David J. [D-MD-6]

Rep. Gomez, Jimmy [D-CA-34]

Rep. Carbajal, Salud O. [D-CA-24]

Rep. Luna, Anna Paulina [R-FL-13]

Rep. Mullin, Kevin [D-CA-15]

Rep. Goldman, Daniel S. [D-NY-10]

Rep. Connolly, Gerald E. [D-VA-11]

Rep. Banks, Jim [R-IN-3]

Rep. Kilmer, Derek [D-WA-6]

Rep. Cline, Ben [R-VA-6]

Rep. Lawler, Michael [R-NY-17]

Rep. Larson, John B. [D-CT-1]

Rep. Green, Mark E. [R-TN-7]

Rep. Santos, George [R-NY-3]

Rep. McCormick, Richard [R-GA-6]

Rep. Hageman, Harriet M. [R-WY-At Large]

Rep. Fitzpatrick, Brian K. [R-PA-1]

Rep. Franklin, C. Scott [R-FL-18]

Rep. Moran, Nathaniel [R-TX-1]

Rep. Bice, Stephanie I. [R-OK-5]

Rep. Wilson, Joe [R-SC-2]

Rep. Moolenaar, John R. [R-MI-2]

Rep. Tenney, Claudia [R-NY-24]

Rep. Rouzer, David [R-NC-7]

Rep. Clyde, Andrew S. [R-GA-9]

Rep. Sherrill, Mikie [D-NJ-11]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions

Daniel S. GoldmanKevin Mullin

Student Loan Marriage Penalty Elimination Act of 2023

12/15/2023, 4:02 PM

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spous...

Congress
118

Number
HR - 5920

Introduced on
2023-10-11

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

10/25/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spous...

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary1/29/2024

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spous...


Latest Action10/25/2023
Referred to the House Committee on Ways and Means.